[drchaim]

X: What are you folks doing?

A: Writing docs at an SF AI company for $500k TC.

B: Designing, maintaining, and implementing all features for a platform in the IoT sector in Spain — alone — for €40,000.

A: Spain? I just bought a villa near the beach, close to Alicante. Do you know it?

B: Yes..

[solenoid0937]

There is a reason the EU has massive brain drain towards the US. This comes with the territory of being super unfriendly to corporations and high earners. It has its benefits too of course. Free healthcare, safety net, public transit, well maintained cities, happier median person.

While the EU does a good job optimizing life for the median person, it is a nightmare for the exceptional. It should find a way to fix this or the brain drain will continue.

[TrackerFF]

There's this myth that only the absolute best, the crème de la crème of European engineers will emigrate to the US to work in tech there. That is simply not true. There are tens of thousands of extremely competent engineers here that either won't, or can't leave for the US, not even if offered 10x their current salary.

And to be frank, that's not only Europe.

The challenge with Europe is not talent, but funding - and that is related to those things you wrote, namely how companies are taxed in some European countries.

[dgellow]

I think the core issue is really more the fragmented regulatory landscape when incorporating a business. I’m hopeful the 28th regime can help: https://the28thregime.eu/

[Toutouxc]

Do you have any numbers to back that up, especially the massive brain drain? I’d like to think I’m overall a competent person who wouldn’t mind relocating for an interesting opportunity, but the US can get fucked for a what’s actually a long list of reasons.

[solenoid0937]

Lots of European coworkers moving for $1M TC (on the low end) even though they aren't a fan of the US either.